Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The return on investment is calculated by: Dividing the capital turnover by the return on sales Multiplying the capital turnover by the return on sales

The return on investment is calculated by:

Dividing the capital turnover by the return on sales

Multiplying the capital turnover by the return on sales

Multiplying operating income by capital turnover

Dividing average invested capital by sales.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions